Common use of By GLG Without Cause Clause in Contracts

By GLG Without Cause. GLG may terminate the Employee’s employment without Cause (as defined in Exhibit B) by giving to the Employee not less than six (6) months of notice in writing, except as otherwise provided in clause 8.6. The delivery of a Notice of Non- Extension under clause 1.2 by GLG to the Employee will be treated as a termination without Cause by GLG. In the event of a termination without Cause, GLG will pay to the Employee, subject to clauses 8.6 and 8.10, on the thirtieth (30th) day following his employment termination date, a payment in an amount equal to:

By GLG Without Cause. GLG may terminate the Employee’s employment without Cause (as defined in Exhibit B) by giving to the Employee not less than six (6) months of notice in writing, except as otherwise provided in clause 8.68.5. The delivery of a Notice of Non- Non-Extension under clause 1.2 by GLG to the Employee will be treated as a termination without Cause by GLG. In the event of a termination of the Employee’s employment by GLG without Cause, GLG will pay to the Employee, subject to clauses 8.6 8.5 and 8.108.9, on the thirtieth (30th) day following his employment termination date, a payment in an amount equal to:

By GLG Without Cause. GLG may terminate the Employee’s employment without Cause (as defined in Exhibit Bclause 8.3) by giving to the Employee not less than six (6) months of notice in writing, except as otherwise provided in clause 8.6. The delivery of a Notice of Non- Non-Extension under clause 1.2 by GLG to the Employee will be treated as a termination without Cause by GLG. In the event of a termination without Cause, GLG will pay to the Employee, subject to clauses 8.6 and 8.10, on the thirtieth within thirty (30th30) day following days of his employment termination date, a payment in an amount equal to:

By GLG Without Cause. GLG may terminate the Employee’s employment without Cause (as defined in Exhibit Bclause 8.3) by giving to the Employee not less than six (6) months of notice in writing, except as otherwise provided in clause 8.6. The delivery of a Notice of Non- Non-Extension under clause 1.2 by GLG to the Employee will be treated as a termination without Cause by GLG. In the event of a termination of the Employee’s employment by GLG without Cause, GLG will pay to the Employee, subject to clauses 8.6 and 8.10, on the thirtieth within thirty (30th30) day following days of his employment termination date, a payment in an amount equal to: